MagneGas may Struggle to Keep up with Demand - BrokerBank Securities, Inc.
NEW YORK, May 7, 2015 /PRNewswire/ -- MagneGas Corp. (NASDAQ: MNGA) a leading technology company that counts among its inventions a patented process that converts liquid waste into a gaseous fuel, announced today that one of the largest transportation companies in the United States will be using MagneGas® in its railway division for repairs and construction. MagneGas will initially supply fuel to their California railway division as part of a larger rollout strategy to other locations in the country over the next several months. MagneGas distributor, TriCo Welding Supplies Inc. will be sourcing the fuel through MagneGas partner Placer Power, Inc. both California based.
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BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.
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